Right now there are just three hawkish members of the 10 FOMC voters. They are Esther George, who often breaks from the dovish pack, along with Loretta Mester and Eric Rosengren, a recent addition to those pushing for higher rates. The dissenters worry that keeping interest rates too low could hasten a recession if the Fed is forced to act quickly on rates after inflation picks up, according to minutes from the September meeting.
“When you see the large companies laying off, that is an indication that the customer base is struggling,” he says. “And the startups have the same set of enterprise customers as the bigger companies. The only thing protecting them now is that they have funding that takes them to the end of this year or the middle of next year, but by March or April it’s going to get very bloody.”
Duterte’s efforts to engage China, months after a tribunal in the Hague ruled that Beijing did not have historic rights to the South China Sea in a case brought by the previous administration in Manila, marks a reversal in foreign policy since the 71-year-old former mayor took office on June 30.
The attack on the infrastructure of the internet, which made it all but impossible at times to check Twitter feeds or headlines, was a remarkable reminder about how billions of ordinary web-connected devices — many of them highly insecure — can be turned to vicious purposes. And the threats will continue long after Election Day for a nation that increasingly keeps its data in the cloud and its head in the sand.
Bernie Looks Ahead (jdargis)
This single-mindedness of purpose is at the very heart of his appeal. Other people live in this world, and abide by its niceties. Sanders looks forward to the world yet to be, the world as it should be. He set out to lead a revolution, and he nearly succeeded. His agenda is a cross between Das Kapital and Deuteronomy. He rails against the Trans-Pacific Partnership with the same hatred that the rest of us reserve for the New York Yankees, or the New England Patriots, or some other, more leisurely expression of American empire.
A Kink In The Hyperloop (jdargis)
Musk is Mr. Moon Shot — actually Mr. Mars Shot; he intends to make us a multi-planetary species. He is arguably a genius on his way to becoming a world-historical figure. At Tesla and SpaceX, he has, through maniacal willpower, work ethic, focus, vision, and risk tolerance, repeatedly proved naysayers wrong by surmounting the seemingly insurmountable. And in recent years, he has assumed the mantle, up for grabs since the death of Steve Jobs, of Silicon Valley’s reigning deity. It was only Musk’s involvement that led many observers to take the hyperloop idea at least semi-seriously.
Peter’s farm is a beautiful hilltop farm in picturesque Vermont, but the film quickly captures exactly how hard this kind of life can be. Dunning, with his somehow aggressive Santa-Claus beard, has to battle coyotes, slaughter sheep and pigs by hand, and cope with the extraordinarily difficult life of a farmer in the rocky, freezing, unforgiving landscape of Vermont.
External battles aren’t the only ones he’s coping with, either.
As the saying goes, “Extraordinary claims require extraordinary evidence,” which the Breakthrough Listen Initiative team quotes in a response to Borra’s findings. The Breakthrough team isn’t too eager about the whole study, giving it a 0 to 1 score on the Rio Scale. That says a lot coming from a group dedicated to the search for extraterrestrial intelligent life.
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